Are product-based businesses the most difficult to launch and scale? There are many reasons why I ask this question. For one thing, product-based businesses have a lot of moving parts to them and higher costs than service-based businesses. You’ve got a lot to think about on top of the actual product you’re selling such as packaging, product photos, shipping, returns and so much more.
So, when Julie Ball first told me about her idea to grow a unique subscription box business, I was a little hesitant and honestly, worried for her. A product-based business is difficult enough, but a subscription box business has even more components to it. However, Julie was able to leverage her corporate background as a digital marketer, her experience working with women entrepreneurs and her own website design and development firm, to make her subscription box business a success.
I love it when someone proves me wrong with their success, and this is exactly what Julie did with her “Sparkle, Hustle, Grow” subscription box business for female entrepreneurs. Inside each box, her subscribers uncover tools, training, and resources to help them grow their business.
Hear how Julie went from ground zero to hero in just two years on this episode of the podcast!
In this episode, we discuss:
- Why you need to know your ideal customer and what they want from you
- How to make a product-based business a profitable success
- How to figure out your churn rate and develop additional streams of revenue
Save $5 on your first monthly order of the ‘Sparkle, Hustle, Grow’ Subscription Box when you enter code BIZCHIX at checkout!
Join the BizChix Community and get my FREE Ideal Week & Month Guide:
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Connect With Julie Ball
Books, Tools or Events Mentioned:
BizChix Episodes Mentioned:
- 363: Hit Your Next Goal with a Six Week Sprint
- 364: Lessons From My First Business
- 170: Shark Tank Entrepreneur “Behind the Ink” Sherisse Hawkins
- 164: Sonia Kanner of hipS-sister
Listen to Stacking Your Team
Work With Us:
- One Day Mastermind
- CEOCHIX Mastermind
- ProfitChix Mastermind
- GrowthChix Accelerator Program
- Strategy Session
There are a few other ways we can support you:
1) Subscribe to our podcasts – we have BizChix and Stacking Your Team
2) Check out my book R.E.S.E.T. Your Mindset
3) Let us help you grow and scale your business. GrowthChix helps you go from 5 to 6 figures in revenue. ProfitChix is for 6 figure business owners who want to make 6 figures in profit. CEOCHIX is for multi-six and 7 figure business owners who are building teams and ready to lead as CEO and gain more harmony in their lives.
4) Join us at BizChix Live our leadership conference for women entrepreneurs November 8-10. I hope you will join us for 3 days as we grow as entrepreneurs, connect as a community and build deeper relationships